NewsCase StudiesEvents

China’s Latest Space Mission Lifts Off, Whilst UK Business Remains On The Launch Pad.

Also in the news...

Paul Beare Wins IR Global Member Of The Year

Paul Beare has been named Member of the Year at this year’s IR Global Conference in Amsterdam.

The Biggest Problem With Running A UK Payroll

We explore the biggest problem with running a UK payroll, together with the required functions of payroll calculations and net salary.

Taking It For Granted: How The UK Government Helps Growing Firms

In the UK, a number of government agencies offer a range of grants to help smaller firms to grow and prosper. The grants are typically designed to support innovation, encourage job creation, and underpin growth. In the last few years, a number of new initiatives have emerged, including grants aimed at boosting green technology and digital transformation.

Start-ups Wasting Over 2 Weeks And £37 Billion A Year On Admin

UK start-ups and microbusinesses are wasting over two working weeks every year on admin tasks, including managing mobile phone contracts, choosing energy providers, and buying insurance – according to new research.

The Costs For International Businesses Employing In The UK

In an ever-globalising business landscape, expanding operations to the United Kingdom can be a strategic move for international companies seeking new opportunities.

China’s Latest Space Mission Lifts Off, Whilst UK Business Remains On The Launch Pad.

Back to News

Nie Haisheng, Zhang Xiaoguang and Wang Yaping made a traditional walk in front of cheering crowds prior to leaving for the Launchpad. This morning (11 June 2013), the mission designated Shenzhou-10 lifted off and started a 40 hour journey to where it will complete the next step in China’s plan to put a permanently manned space station above the Earth by the beginning of the next decade, and does anyone doubt China will achieve what China sets out to do anymore?

Does anything more dramatically demonstrate the ambition of China and its ability to turn ambition into achievement?

China’s space station will be somewhat smaller (initially) than the International Space Station (ISS) but developments are no doubt underway to eventually surpass it. It needs a bigger rocket and the Long March 5, now in development, will be seen in the next few years, greatly increasing China’s lifting capacity.

China's manned spaceflight programme is generally conducted in isolation to the ISS partners. But this could change in the next few years. Europe in particular has opened a dialogue that could eventually result in flight opportunities for its astronauts to China’s space station.

This increasing openness and willingness to cooperate is a developing trend in China. It leads to R&A and business opportunities we in the UK (and the west generally) would do well to encourage. Hi Tech, Innovation, Design and Hi-End Manufacturing etc is what we do and what China needs. However, developing the contacts and relationships that can be turned, over time, into such opportunities is, in itself, something of a ‘mission’. It takes similar amounts of time, patience, skill and resources but the prize is well worth it. Some countries recognised this early, like Germany, whose exports to China dwarf our own. Whilst we persist in selling services to our small neighbours, they have invested their efforts into the China market and are now reaping the rewards.

China is finding new frontiers off the planet. UK business needs to find new frontiers on it, and China is the best option. For help in doing that, contact me.

Philip Bell, Managing Partner, CME Associates. philip@cmea.eu


You are not logged in!

Please login or register to ask our experts a question.

Login now or register.